{"id":24774,"date":"2024-04-05T04:59:50","date_gmt":"2024-04-05T04:59:50","guid":{"rendered":"https:\/\/magazine.startus.cc\/?p=11205"},"modified":"2024-04-05T04:59:50","modified_gmt":"2024-04-05T04:59:50","slug":"scale-your-flood-adaptation-solution-with-the-2024-rise-riverine-community-resilience-challenge","status":"publish","type":"post","link":"https:\/\/wp.worldtechguide.net\/scale-your-flood-adaptation-solution-with-the-2024-rise-riverine-community-resilience-challenge\/","title":{"rendered":"Scale Your Flood Adaptation Solution with the 2024 RISE Riverine Community Resilience Challenge"},"content":{"rendered":"
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The 2024 RISE Riverine Community Resilience Challenge<\/span> accelerates innovation by connecting problems needing better solutions to innovators with new resilience-building technologies, products, and services.<\/p>\n

RISE is a U.S.-based nonprofit with a mission to accelerate innovation and business growth by identifying, validating, and scaling solutions to community climate resilience challenges such as flooding and sea level rise. RISE achieves this by running Community Resilience Challenge competitions and offering funding and other support from its Resilience Innovation Fund (RIF), Accelerator, Hub, and Testbed in Virginia.<\/p>\n

Context for the Riverine Community Resilience Challenge<\/h2>\n

As climate change brings more frequent and intense storms, riverine communities are increasingly vulnerable to unique flood threats that can change lives in an instant.<\/p>\n

On August 30, 2021, Hurley, Virginia, experienced severe consequences when 7 inches of rainfall from the remnants of Hurricane led to a riverine flood that tragically took one life, destroyed 19 homes, and severely damaged 24 more. Less than a year later, on July 12, 2022, similar circumstances struck Whitewood and Pilgrims Knob in Virginia. Though no lives were lost in this latter event, the storm led to the destruction of 21 homes and damage to 25 others.<\/p>\n

FEMA did not provide individual homeowner assistance in both instances, and only a few affected residents received insurance payouts.<\/p>\n

The hazards of such events are multifaceted, including heavy rain, strong winds, high and swift waters, and mudslides. These natural forces can cause significant damage to buildings, potentially leading to destruction, injuries, or fatalities. Further, they often result in large quantities of debris, the collection and removal of which are costly and time-consuming, adding to the challenges faced by impacted communities.<\/p>\n

Why Join the Riverine Community Resilience Challenge?<\/h2>\n

A total of up to USD 1 million in funding is available to support solutions in response to this Challenge. Applicants can apply for up to USD 300,000 in non-equity funding. Teams of businesses can submit integrated solutions and may receive up to USD 750,000.<\/p>\n

Since 2018, RISE has deployed more than USD 7 million in non-equity funding and services from the Resilience Innovation Fund<\/strong> to 35 businesses developing scalable solutions that create substantial new value, can be demonstrated in Virginia, and be built into sustainable ventures. The RIF is seeded with funds from the U.S. Department of Housing and Urban Development and the Commonwealth of Virginia.<\/p>\n

RISE also accelerates the growth of businesses developing innovative solutions to climate resilience challenges. The Resilience Innovation Accelerator<\/strong> works with winners of the RISE Community Resilience Challenges to help businesses maximize the impact and become sustainable after the RISE funding. The Accelerator offers a two-month program based on the National Science Foundation\u2019s I-Corps techniques tailored to the resilience sector.<\/p>\n

Further, RISE brokers companies\u2019 access to Virginia\u2019s resources through its Resilience Innovation Hub & Testbed<\/strong> for validating or otherwise demonstrating resilience-building innovations. RISE facilitates access to real-world pilot sites and permits, a co-working office and workshop space in Norfolk, Virginia, data and key stakeholders, a community of resilience entrepreneurs, PR opportunities, and regulatory technical assistance.<\/p>\n

In addition to the above benefits, companies also benefit from:<\/p>\n